Today the San Diego Regional Chamber of Commerce announced that its Board of Directors, consistent with previous statements related to the audits, revisited the question of whether or not the members of the Retirement Board should waive their attorney client privilege as requested by Mayor Dick Murphy, City Attorney Michael Aguirre and U.S. Attorney Carol Lam.
The Board voted to support the following resolution: The Chamber believes that the highest priority for the City of San Diego is to complete its audited financial statements for the past two years. Consistent with this priority, the San Diego Regional Chamber of Commerce asks that the Pension Board comply with the request of the U.S. Attorney to waive the attorney-client privilege on all requested information, as stated in the letter dated April 14, 2005, and to also supply any documents subpoenaed by law enforcement agencies and/or requested by the City's Audit Committee.
"Completing the audits for 2003 and 2004 is essential to the future of the City of San Diego," said Jessie J. Knight, Jr., President and CEO of the San Diego Regional Chamber of Commerce. "If this situation is not resolved immediately, there will be a definite negative impact to our city and more importantly our quality of life."